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Vehicle GPS Trackers Market Latest Research, Industry Analysis, Driver, Trends, Business Overview, Key Value, Demand And Forecast 2022-2027

01-20-2022 10:58 AM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The Vehicle GPS Trackers Market research provides an in-depth analysis of industry dynamics, the competitive landscape, segments, and geographies to assist readers have a better understanding of the market. It focuses on market fluctuations, pricing structures, uncertainties, possible hazards, and development possibilities in order to assist firms in developing effective strategies for success in the Vehicle GPS Trackers industry. It also offers participants to acquire comprehensive insights into top leading company development and industry progress in market.

The Vehicle GPS Trackers market is set to grow at a CAGR of 12.38% over the forecast period (2022-2027).

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https://www.marketintelligencedata.com/reports/1347881/global-vehicle-gps-trackers-market-growth-2022-2028/inquiry?mode=Ich_pk

Industry top leading players are:

Orbocomm, Meitrack, Queclink, Concox Information Technology, Teltonika, CalAmp, Tomtom, Shenzhen Eelink Communication Technology, Sierra Wireless, ThinkRace Technology, ARKNAV, Jimi Electronic, Trackimo, Suntech International, Ruptela, Shenzhen Coban Electronics, Starcom Systems, Gosafe Company Ltd., Huizhou Great-Will Industrial, GOTOP Limited

Recent Developments
In March 2017, Orbocomm collaborated with Weatherdock (Germany) and Pole Star Space Applications Limited (London) to develop Class B vessel tracking solution. This solution is a tamper-proof hardware that can be attached to small vessels such as pleasure craft and fishing vessels, to track their position always.
In April 2017, Sierra Wireless, Inc. acquired the GNSS embedded module business of GlobalTop Technology (Taiwan). Under this acquisition, the GNSS embedded modules of GlobalTop will become the part of Sierra Wireless OEM Solution products.
In March 2017, Calamp launched LMU-2640 and LMU-200, which are the two telematics devices that have highly sensitive GPS receiver antenna. With these products launches, the company is addressing growing demand for GPS tracking devices from Europe and Latin America.

Vehicle GPS Trackers Market Segmentation:

Vehicle GPS Trackers market Segmentation By Type:

Wired Vehicle GPS Trackers

Wireless Vehicle GPS Trackers

Vehicle GPS Trackers market Segmentation By Application:

Passenger Vehicle

Commercial Vehicle

Market Overview:

The Vehicle GPS Trackers Market to grow from USD 1.3 billion in 2016 to USD 2.9 billion by 2027, at a CAGR of 12.38% during the forecast period. The major factors that are expected to be driving the GPS tracking device market are increasing commercial vehicle sales, various government mandates such as electronic logging device (ELD), affordable price, high ROI, and vehicle theft protection. The objective of the report is to define, describe, and forecast the Vehicle GPS Trackers Market size based on type (standalone tracker, OBD device, and advance tracker), deployment type (commercial vehicles, cargo & container, others), industry, and region.

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Europe to account for the largest market size during the forecast period

The European Vehicle GPS Trackers Market is a mature one and is expected to sustain its position in the coming years. Being the automotive manufacturing hub, various companies such as Teltonika UAB (Lithuania), Ruptela UAB (Lithuania), Neomatica LLC (Russia), and Box Telematics Ltd. (UK) are offering GPS tracking devices in the said market. In addition, various events, and conferences related to GPS tracking device are also driving the growth of the European market. APAC is expected to be the fastest-growing market in the overall Vehicle GPS Trackers market during the forecast period. The major driving factors for the growth of the market in APAC are increased number of manufacturing facilities, aging infrastructure, and asset’s safety and security.

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Read Detailed Index of Full Research Study at@

https://www.marketintelligencedata.com/reports/1347881/global-vehicle-gps-trackers-market-growth-2022-2028?mode=Ich_pk

Significant Features and Key Highlights of the Reports:

– Detailed overview of Vehicle GPS Trackers Market

– Comprehensive assessment of all opportunities and risk in the Market.

– Changing market dynamics of the industry

– In-depth understanding of Market market-particular drivers, constraints and major micro markets.

– Historical, current and projected market size in terms of volume and value.

– Recent industry trends and developments

– In-depth market segmentation by Type, Application etc

– Competitive landscape of Vehicle GPS Trackers Market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth.

The report gives answers to the following:

What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Vehicle GPS Trackers industry?
What is the predicted compound annual growth rate (CAGR) of the global marketplace during the forecast period (2022-2027)?
What could be the anticipated value of the Vehicle GPS Trackers marketplace in the during the forecast period?

The research includes historical data from 2016 to 2022 and forecasts to 2027, making the reports an invaluable resource for industry managers, marketing, sales, and product managers, consultants, analysts, and others looking for key industry data in easily accessible documents with clearly presented tables and graphs.

We will contact you within 24 hours to help find the research report and further.

 Finally, the Vehicle GPS Trackers Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Vehicle GPS Trackers industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

We Offer Customization on Report Based on Specific Client Requirement:

 – Country Level analysis for any 5 countries of your choice.

 – Competitive analysis of any 5 key market players.

– 40 analyst hours to cover any other data point.

Please contact our sales experts ( sales@marketintelligencedata.com ) and we will ensure that you get a report that suits your needs.

About Us:

Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.

Contact Us:

Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com

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